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Why Does the Thai Baht Continue to be So Strong?


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I see now that the US is in the process of delaying further rate hikes and that the current prospect for the UK is out as far as 2019, that means UK bank interest rates will remain low until then.

http://www.telegraph.co.uk/finance/personalfinance/interest-rates/11032396/Interest-rates-predictions-When-will-the-Bank-Rate-rise.html

That doesn't look good for GBP/THB, holders of GBP in Thailand might expect some pain in those three years, sadly.

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